Faculty of Business and Economics

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Monash University Handbook 2011 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedGippsland First semester 2011 (Off-campus)
Coordinator(s)Mrs Judith Tennant


An introduction to the study of economics; basic microeconomics; basic macroeconomics; revision.


The learning goals associated with this unit are to:

  1. develop analytical skills through the rigorous use of geometric models
  2. understand the main microeconomic issues associated with the decision making by individual consumers and firms
  3. recognise the welfare and efficiency implications for society of government microeconomic policy decisions
  4. appreciate and debate the main macroeconomic issues of inflation, unemployment and economic growth
  5. critically analyse government policy responses to various issues within the open economy context of Australia
  6. demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in this unit.


Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Mrs Judith Tennant